Course instructors are responsible for the course content descriptions in English.

Description

Entrepreneur and business idea. Strategic process of creating a company. Development of functional plans and business structure. Economic and financial analysis. Legal forms and constitution of the company. Running a new company. Support entities and measures for entrepreneurs.

Faculty

Professional interest

New Venture Creation is a optional 6-ECTS credit course, equivalent to 150 student work hours, given during spring semester of the fourth year in the Physical Activity and Sports Sciences undergraduate program.

A Physical Activity and Sports Sciences graduate must be a professional with versatile training, allowing for starting their very own business venture in addition to carrying out a wide range of management functions in both private businesses as well as public institutions.

This course provides an integrated vision of the subject matter discussed so far, and which will be discussed further in relation to the phases of creation, administration, management, and strategic management of the business venture.

The course's objective is for Physical Activity and Sports Sciences graduates to know how to analyze the viability of a business idea, through the development of a business plan, using the different tools existing for this, in addition to the steps to follow for its implementation. Furthermore, the student must know and value entrepreneurship as an alternative to working for somebody else.

The purpose of New Venture Creation is for the student to develop a series of skills and attitudes that enable and motivate them to undertake a business project, expanding entrepreneurial dynamism, and contributing this way to economic and social development within our surroundings.

Competencies and learning outcomes

General competencies

Know existing legislation regarding the exercise of the profession.

Establish good interpersonal communication to address the community you work with and the individuals you relate to effectively and with empathy.

Be capable of working in multidisciplinary and multicultural teams and leading multidisciplinary teams.

Apply the professional code of ethics considering user rights and existing legislation.

Specific competencies

Manage sporting organizations, entities, and installations.

Objectives (Learning outcomes)

01Understand the company concept, its complexity, diversity and relevance, as well as its systematic nature.

02Know and understand the implications and requirements for starting a business venture and value entrepreneurship as an alternative to working for somebody else

03Identify necessary resources and capabilities for starting a business

04To suitably identify and evaluate business opportunities

05To know and apply strategic analysis techniques for business ideas

06To design a business model and draw up a business plan (company plan, business project or business plan)

07Analyze the viability of a chosen business idea from the technical, commercial, economic, and financial points of view

08To know how to present new business projects

09Know the formal requirements for the establishment and setting up of a business

010Assimilate the nature of managerial work. Differentiate between the characteristics of its tasks and the roles and skills it requires.

011Understand the business administration as an interactive process and distinguish between the different functions in it, particularly, planning and control.

Software

Methodology and grading

Methodology

Case studies: Learning through the analysis of actual or simulated cases in order to interpret and resolve them by employing various alternative solution procedures.

Cooperative learning: Develop active learning through cooperative working strategies among students and promote shared responsibility to reach group goals.

Learning agreement: Develop active learning through an agreement between the teacher and the student containing commitments for what will be learned, how monitoring will take place for that learning, the set period of time, and the evaluation criteria.

Lecture: Pass on knowledge and activate cognitive processes in students, encouraging their participation.

Problem-based learning: Develop active learning strategies through problem solving that promote thinking, experimentation, and decision making in the student.

Grading

The assesment of the subject will be on the date officially established for the purpose. There are two modalitiesMODALITY A: GENERALThe final grade of the students will be determined by the sum of the mark obtained in each of the 2 parts of the final exam: theoretical test (50%) and practical test (50%).The theoretical exam will consist in the realization of an objective test, consisting of 20 multiple-choice questions (with 4 answer alternatives), that tries to measure the knowledge acquired at the theoretical level. For the correction of the Test the erroneous answers will subtract the third part from the value of the correct answers. The questions that remain unanswered will not affect the final grade (5 points of 10).The practical examination will consist in the resolution of two practical cases, in each case you can obtain 2.5 points (5 points of 10).MODE B: CONTINUEIn addition to the general modality, the students will be able to overcome the practical part through a continuous evaluation process, which will consist of the following:- Realization and exhibition in class of a work of creation of companies that can be done in group or individually (5 points of 10).Students who have approved the practical part through the continuous assessment system; that is to say that he has obtained a score of at least 2.5 of 5 points will be exempt from taking the practical test in the final exam, so he will have to examine only the theoretical exam.These practical tests of continuous evaluation are voluntary, the results will be published well in advance of the final exam date.In both modalities to pass the subject, the students will have to pass both the objective test of knowledge (exam) and the practical part. Whoever surpasses only one of the two parties in the June session, the qualification of the same will be taken into account until the September session of the same academic year.ADDITIONAL REQUIREMENTS:- It is essential to attend the exam provided with the DNI or identity document.- Entry to the exam will not be allowed once the statements have been distributed.- All electronic devices must be stored and turned off during the test.- Once the exam is handed in, it is considered as presented, not being able to leave the room before the first 15 minutes.

Assessment test characteristics

O

Correction criteria

MODALITY A: GENERAL

The final grade of the students will be determined by the sum of the mark obtained in each of the 2 parts that make up the final exam: theoretical test (50%) and practical test (50%). The theoretical exam will consist in the realization of an objective test, consisting of 20 multiple-choice questions (with 4 answer alternatives), that tries to measure the knowledge acquired at the theoretical level. For the correction of the Test the erroneous answers will subtract the third part from the value of the correct answers. The questions that remain unanswered will not affect the final grade (5 points out of 10). The practical examination will consist in the resolution of two practical cases, in each case you can obtain 2.5 points (5 points out of 10).

MODE B: CONTINUE

In addition to the general modality, the students will be able to overcome the practical part through a continuous evaluation process, which will consist of the following: - Realization and exhibition in class of a work of creation of companies that can be done in group or individually (5 points out of 10). Students who have approved the practical part through the continuous assessment system; that is to say that he has obtained a score of at least 2.5 out of 5 points will be exempt from taking the practical test in the final exam, so he will have to examine only the theoretical exam. These practical tests of continuous evaluation are voluntary, the results will be published well in advance of the final exam date. In both modalities to pass the subject, the students will have to pass both the objective test of knowledge (exam) and the practical part. Whoever surpasses only one of the two parties in the June session, the qualification of the same will be taken into account until the September session of the same academic year.

Additional requirements

ADDITIONAL REQUIREMENTS: - It is essential to attend the exam provided with the DNI or identity document. - Entry to the exam will not be allowed once the statements have been distributed. - All electronic devices must be stored and turned off during the test. - Once the exam is handed in, it is considered as presented, not being able to leave the room before the first 15 minutes.